Some price pressure on gold amid hotter U.S. inflation data
(Kitco News) – Gold prices are lower in early morning U.S. trading Thursday, hitting daily lows following a U.S. inflation report whose numbers were higher than expected, which in turn pushed U.S. Treasury yields up a bit.
Read moreGold prices bouncing off its lows as annual U.S. core CPI rises to its highest level since 1992
(Kitco News) – Gold prices are trying to bounce off their session lows, following a stronger than expected price in U.S. consumer prices.
Read moreFitch Solutions sees higher gold prices but momentum won’t last in 2022
(Kitco News) – The gold market is in a holding pattern within striking distance of $1,900 an ounce, and one firm sees the potential for higher prices, but the momentum might not last through the end of the year.
Read moreBitcoin and cryptocurrency market will grow as big as credit cards – CoinPayments
(Kitco News) – Using cryptocurrencies like bitcoin to make a transaction could become as commonplace as a credit card, according to the world’s largest cryptocurrency payment processing company.
The ECB maintains its pledge for fast bond-buying
(Kitco News) – As expected the ECB left QE and rates unchanged. The EUR spiked higher in an initial reaction but has now pared most of the gains
Read moreBitcoin daily chart alert – Bulls make some headway late this week – Jun. 10
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Thursday after posting good gains late Wednesday. Bulls are now making some progress in stabilizing the market.
Read moreA Basel banking committee has put bitcoin under the highest risk category
(Kitco News) – Bitcoin has been put under the microscope by The Basel Committee on Banking Supervision (BCBS) this morning. According to the BIS website, committee is the primary global standard-setter for the prudential regulation of banks and provid…
Read moreGold price levels ahead of the ECB meeting
(Kitco News) – Gold is trading 0.62% lower ahead of the ECB meeting on Thursday afternoon but it could have been worse as the lowest level the price as traded today is around 0.77% at one stage
Read moreGold and silver are trading flat leading into the European open
(Kitco News) -Gold and silver are trading flat leading into the European open. The yellow metal trades at $1887/oz while silver hovers around $27.70/oz. In the rest of the commodities complex, copper (-0.30%) and WTI (-0.30%) are both lower while palla…
Read moreWill tomorrow’s inflation data release shock us? Gary Wagner
(Kitco News) – Will tomorrow’s inflation data release shock us? Gary Wagner
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